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Remittances up 5.9% in June

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AFP FILE PHOTO

Growth in cash from migrant workers continued its streak, rising in June to its highest level since last December as Filipino labor remained in demand overseas.

Posted: August 16th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

No cost for alarm

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The peso exchange rate against the dollar jumped up and down wildly in the last few days like an electrocuted frog, owing perhaps—or at least according to “experts” in the financial markets—to some political tension abroad.

Posted: August 14th, 2014 in Columnists,Inquirer Columns | Read More »

Rise in remittances expected to slow down

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American bank JP Morgan Chase expects the rate of rise of the money sent home by overseas workers—a key driver of economic growth—to slow down to 5.2 percent this year.

Posted: July 18th, 2014 in Editor's Pick,Headlines | Read More »

US remittance clampdown worries central bank

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Local officials have raised concerns over recent rules in the United States, which may constrict the flow of remittances to the Philippines, threatening the country’s largest source of dollars.

Posted: July 17th, 2014 in Headlines | Read More »

Remittances up 5.7% in first 5 months to $8.9B

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Cash transfers from the country’s migrant workers rose in May in line with government expectations as Filipinos remained in demand to fill both skilled and unskilled positions around the world.

Posted: July 15th, 2014 in Headlines | Read More »

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